Tencent and Visa explore cross-border payments and agentic commerce
Tencent and Visa signed a memorandum of understanding to explore broader cooperation across cross-border payments, enterprise AI, cloud and data capabilities, and agentic commerce. The companies plan to improve payment experiences for international visitors through TenPay Global and Visa Pay, deepen remittance cooperation through Visa Direct, and study AI-agent payments using Visa Intelligent Commerce. The agentic payments work remains exploratory and subject to regulatory requirements.
The agreement combines Tencent Cloud’s AI, cloud and data capabilities with Visa’s global network and product solutions while targeting improved cross-border payment experiences. It also expands exploration of payments in which AI agents help eligible users find, select and purchase products or services.
#Tencent#Visa#Tencent Cloud#TenPay Global#Visa Pay#WeChat Pay#Visa Direct#Mi Master#Visa Intelligent Commerce